Kubla Corporation has provided the following data for November. Denominator level of activity 5,800 machine-hours Budgeted fixed
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Question:
| Kubla Corporation has provided the following data for November. | ||
| Denominator level of activity | 5,800 | machine-hours |
| Budgeted fixed manufacturing overhead costs | $68,750 | |
| Standard machine-hours allowed for the actual output | 5,500 | machine-hours |
| Actual fixed manufacturing overhead costs | $66,750 | |
| Required: show your work | ||
| a. Compute the budget variance for November. | ||
| b. Compute the volume variance for November. | ||
Expert Answer:
a The budget variance is calculated as follows Budget variance Budgeted fixed manufacturing overhead ... View the full answer
Related Book For 
Cost Accounting A Managerial Emphasis
ISBN: 978-0132109178
14th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Posted Date:
